Kent Brown's (kbrowndad) Blog

Probate and Trust Administration: The 9 Steps You Need to KnowSalt Lake City, Utah - Whether you are dealing with a large estate or a small one, there are always nine steps that must be taken in either probate administration or trust administration. The reality is, that most attorneys are not fam...

Salt Lake City — Tax season is here, and if you're feeling like you're caught in a whirlwind of confusion, you’re not alone. Between President Trump, Elon Musk, and the IRS making headlines, it’s hard to know where to look. Add in changes to tax laws and, well, you might feel like you need a seat...

 IRS FILING TIPS AMID WORKFORCE REDUCTIONS:Salt Lake City, Utah - Tax season is stressful enough without the added chaos of IRS workforce reductions. With recent reports of the IRS cutting thousands of jobs, taxpayers are left wondering: Will my refund be delayed? Will my tax issue fall through t...

Salt Lake City -- The Trump Administration’s proposal to cut the IRS workforce by 50% by the end of the year has set the stage for massive changes in how the agency operates. Bloomberg reports that over 2,000 Employees—those who answer the phone for the IRS—have already been let go, retired early...

Salt Lake City, Utah - The IRS is cutting 7,000 employees, and taxpayers everywhere are wondering—will this mean fewer audits, investigations, and collections? Or is the IRS shifting focus? Here’s what you need to know.Will There Be Fewer Audits?Fewer IRS agents may mean fewer random audits, espe...

The IRS is undergoing a significant transformation, and many are closely watching its impact on tax enforcement. As new strategies emerge, it seems the enforcement landscape may shift dramatically, particularly in terms of automated systems and the growing number of non-filers being drawn into th...

As cryptocurrency continues to grow in popularity, understanding its tax implications is more important than ever. Nearly 40% of Americans own some form of crypto, and whether you’re an individual investor, business owner, or tax professional, staying informed about crypto-related tax rules is es...

It’s a common misunderstanding: you’ve signed and notarized your trust, and you feel like you can check “estate planning” off your to-do list. Unfortunately, that’s only part of the process. One crucial step often gets overlooked: funding your trust.Funding is the process of ensuring your assets ...

As a real estate agent, you know that each transaction comes with its own set of challenges. But when it comes to properties encumbered by an IRS lien, things can get complicated fast. Selling or refinancing a property with an IRS lien can feel like trying to push a boulder uphill. However, there...

SALT LAKE CITY, UTAH – When it comes to IRS priorities and enforcement, Subchapter S-Corps and their owners/shareholders are at the top of its list.  In a Treasury Inspector General for Tax Administration Report in 2021, the IRS reported that it will begin to turn up the heat on S-Corp owners who...